Westmount Partners LLC Makes New Investment in iShares Core Dividend Growth ETF $DGRO

Westmount Partners LLC bought a new stake in shares of iShares Core Dividend Growth ETF (NYSEARCA:DGRO) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,100 shares of the company’s stock, valued at approximately $538,000.

Several other hedge funds have also made changes to their positions in the company. Greenline Wealth Management LLC bought a new stake in shares of iShares Core Dividend Growth ETF in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC purchased a new stake in iShares Core Dividend Growth ETF in the fourth quarter worth about $26,000. MBM Wealth Consultants LLC bought a new position in iShares Core Dividend Growth ETF during the 1st quarter worth about $27,000. Group One Trading LLC bought a new position in iShares Core Dividend Growth ETF during the 3rd quarter worth about $28,000. Finally, Strategic Wealth Investment Group LLC purchased a new position in iShares Core Dividend Growth ETF during the 2nd quarter valued at about $29,000.

iShares Core Dividend Growth ETF Stock Performance

NYSEARCA DGRO opened at $79.15 on Friday. iShares Core Dividend Growth ETF has a one year low of $64.60 and a one year high of $79.75. The company has a market capitalization of $43.37 billion, a price-to-earnings ratio of 19.66 and a beta of 0.76. The company’s 50-day simple moving average is $76.53 and its two-hundred day simple moving average is $73.82.

iShares Core Dividend Growth ETF Profile

The iShares Core Dividend Growth ETF (DGRO) is an exchange-traded fund that is based on the Morningstar US Dividend Growth index. The fund tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. DGRO was launched on Jun 10, 2014 and is managed by BlackRock.